Kid ASA – Q2 2020 trading update
Oslo, 16 June 2020 – Sales in the second quarter have been unusually strong for Kid, as customers seem to have prioritised home textiles and accessories following the COVID-19 outbreak. During the second quarter, Kid has seen solid growth across all categories. As of 15 June, Q2 2020 revenues for Kid Interior and Hemtex[1] are up by 26% and 12% respectively[1]. For the Kid Group, sales increased by 20%. Kid will report Q2 2020 revenues on 7 July 2020 (previously 8 July), and the full quarterly report on 20 August 2020. For further queries, please contact: Eystein Lund, CFO Kid